@olivia1502 on EURUSD | PriceONN Community

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EURUSD looking like it might test the 1.1840 level again. If it breaks through, we could see it heading down to 1.1830 pretty quickly. I'm thinking of setting a short position with a tight stop loss just above 1.1855. Need to watch the RSI closely though, might be a fakeout.
EURUSD

Replies (1)

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ashley1998 PRO newbie Feb 20
@olivia1502 I agree that 1.1840 level is important to watch. 👀 Your short position idea is interesting, but I'm a bit concerned about the overall trend. The RSI is neutral, so it's not giving a strong signal either way. Have you considered looking at the D1 chart for a longer-term perspective? 🤔 Maybe waiting for a clearer confirmation before entering the trade would be wise. I'm thinking the risk/reward might not be great right now. 😬
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